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#lyft.
Travel Apps for All Your Future Trips
Plan, Pack, and Explore!
Right now, we’re all probably holed up in our houses, waiting for the winter to blow over. However, spring break inches closer every day, and I imagine you’re already thinking…
Tech Companies Like Meta Are Announcing Mass Layoffs
Big Tech lays off a huge chunk of its employees!
Tech industry layoffs are currently reaching new heights, which could point towards uncertainties in the overall industry. Just days after Elon Musk fired nearly half of Twitter’s employees, comes another…
Lyft’s business is gradually recovering from the effects of Covid-19
An increase of 47% in revenue from Q2 of 2020 but still a downfall of 44% from Q3 …
Lyft released its financial results for the third quarter of 2020 on Tuesday, beating analyst’s expectations. Recovery has been observed in the San Francisco-based ride-hailing company’s sales from pre-pandemic days,…
Proposition 22: Uber and Lyft drivers will remain Contractors, not Employees
As per the California voters, Proposition 22 has been approved!
Uber and Lyft have finally celebrated victory regarding the ongoing California labor law, as Proposition 22 — the most expensive ballot measures in California — has been approved by the…
Mayo Clinic in Florida using self-driving shuttles for tests and medical supplies
Autonomous shuttles are used to transport medical supplies and COVID-19 tests.
Mayo Clinic has announced that it is using autonomous vehicles to safely transport medical supplies and COVID-19 tests in Florida. Jacksonville Transportation Authority (JTA) has joined hands with two autonomous…
Toyota invests $400 million in Pony.ai for Level 4 autonomous cars
Pony.ai is now a $3 billion company.
Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has…
HopSkipDrive raises $22 million in latest round of funding
Dubbed as Uber for kids is expanding their services in different states.
HopSkipDrive, a Los Angeles based transportation company for children, has received a $22 million in funding in the latest round. The round, largest yet, saw participation from 15 investors which…
Uber founder Travis Kalanick is leaving board of directors; sold all shares
Travis Kalanick is leaving the board effective December 31, 2019.
Uber Technologies, Inc. has announced that co-founder and ex-CEO Travis Kalanick will be resigning from the company’s Board of Directors. He will stay active until December 31. Last week, Travis…
Uber likely to sell UberEats’ India to Zomato for $400 million
The deal is not officially announced yet!
Uber is reportedly selling its delivery service UberEats India business to local competitor Zomato. The company can sell its food delivery app business at around $400 million, and Uber may…
Uber to pay $650 million employment tax bill to New Jersey
Uber considers its drivers as contractors and not as employees because it does not pay the drivers. Instead, they receive 20% from each trip. New Jersey Department of Labor and…